Follow Up

After Pop on Spinoff, Gannett May Tread Water

Sinclair Broadcast and Nextstar Broadcasting may be better bets. Intel's shares could rise to $40 in a year. And bondholders face off against Caesars Entertainment in an epic battle.

August 9, 2014

Review | Preview

Just two months ago, we said that shares of Gannett were being underappreciated by investors. Long term, we said the stock, then $28, could be worth $40 ("Gannett's Shares Could Rise 40%," June 2), adding that it could get a short-term pop by splitting the company into separately traded broadcast and publishing segments. In that scenario, we thought the stock could quickly gain 20%.